BB Airways | A/c purchase | 10-17 | $1.5m | 1x757-200 | Transaction | Airfinance Journal

BB Airways | A/c purchase | 10-17 | $1.5m | 1x757-200

Nepal Airlines is in the market to sell a Boeing 757-200 powered by Rolls Royce RB211-535E4 engines that is approaching 30 years of age. The Kathmandu-based carrier extended the deadline on 29 May to 12 June for request for proposals for the unit, MSN 23850.

The minimum auction price was set up at $1.71 million, according to the tender.

Officials from the flag carrier approached the market in April with a deadline set for on 24 May. Nepal Airways extended the deadline after failing to receive a single bid, according to local media.The aircraft has clocked 30,180 cycles and 86,410 hours since delivery.

Update: On 17th Oct 2017 it was announced that Nepal Airlines has sold the a/c to private carrier BB Airways for $1.5m;

 

 


Deal Categories

Regions:
South Asia
Nepal

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8